Do Kwon pleads not guilty to US fraud charges in $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal fraud charges after being extradited from Montenegro this week.
Do Kwon, the crypto bro behind $40B Luna/Terra collapse, finally extradited to US
After serving some time in a Montenegro prison, Kwon battled extradition to both Korea and the US. This delayed the process by some months, but on December 31, 2024, he was shipped off to US authorities. Today, he appeared in front of a federal judge in New York City, where he pled "not guilty" to fraud.
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new ...
Kwon's Terraform Labs developed the Luna cryptocurrency and stablecoin TerraUSD, which capitulated in 2022, losing an ...
Do Kwon, the South Korean crypto mogul bring behind the multibillion-dollar Terraform (UST-USD) collapse in 2022, pleaded not ...
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated US$40 billion in ...
He had been on the run for months, fleeing South Korea and later Singapore, before his company went bankrupt in 2022.
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